nifty rangeHere’s a professional and engaging **TradingView post description** for a **Nifty range-bound market** scenario:
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📊 **Nifty Index – Range-Bound Consolidation Ahead?** 🧭
Nifty is currently trading within a defined range, indicating indecision in the market. The index is facing resistance near **25000** and finding support around **24500**.
📌 **Key Observations:**
* Price action suggests a sideways trend with no clear breakout yet.
* Volumes are relatively lower, reinforcing the consolidation phase.
🛑 **Resistance:** 25000
✅ **Support:** 24500
🔍 A breakout on either side could trigger the next directional move. Until then, traders should focus on **range-bound strategies** like buying near support and selling near resistance, with tight stop-losses.
💬 What’s your view on Nifty's next move? Drop your analysis in the comments!
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